OFF MARKET

2/5 Witte Street
Winnellie NT 0820

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 68m2
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Property Details for 2/5 Witte St, Winnellie

Building Type
Commercial
Land Size
68m2
Local Government
Darwin
Lot/Plan
Loc 055 Lot 6451/UTS2012/006

Last Listing description (September 2019)

The subject complex is only 4.5 kilometres east of the Darwin CBD.

Positioned in between the Stuart Highway along the northern boundary and Tiger Brennan Drive to the South. 5 Witte Street is a modern office/warehouse complex which was constructed in 2012.


This complex includes 10 units which are a combination of office/warehouses and storage units. The complex has two crossovers to Witte Street and includes a drive around paved driveway.

Unit 2 is a functional and secure storage unit of 68sqm accessed via a roller door.

Leased at $9,600 + GST per annum with the Tenant renewing each year. At $955/m the asking price is well below the replacement cost.

For more information please contact Ryan Doyle 0405 192 389 or Lee Doyle 0403 348 243 at North Commercial NT.

Property History for 2/5 Witte St, Winnellie, NT 0820

A timeline of how this property has performed in the market
Last Sold
$68,200
05 Jul 2019
  • 05 Jul 2019
    Sold for $68,200
  • 12 Mar 2019
    Listed for Sale $65,000

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About Winnellie 0820

The size of Winnellie is approximately 4.1 square kilometres. It has 1 park covering nearly 5.1% of total area. The population of Winnellie in 2011 was 267 people. By 2016 the population was 210 showing a population decline of 21.3% in the area during that time. The predominant age group in Winnellie is 60-69 years. Households in Winnellie are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Winnellie work in a trades occupation. In 2011, 50.8% of the homes in Winnellie were owner-occupied compared with 35.8% in 2016..

Winnellie has 1,339 properties. Over the last 5 years, Units in Winnellie have seen a 83.67% increase in median value. As at 31 October 2024:

  • The median value for Houses in Winnellie is $836,430 while the median value for Units is $206,177.
There are currently 17 properties listed for sale, and 22 properties listed for rent in Winnellie on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Winnellie.

Suburb Insights for Winnellie 0820

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.